Why does my 30 Day Challenge dashboard show “Yet to be computed”?
The computation for the FYERS 30 Day Challenge is done on a monthly basis; therefore, brokerage refund to the winners will be processed on or before 10th of every month, until then 30 Day Challenge dashboard will show yet to be computed.
Due to the increasing participation of the challenge, it could get delayed by a few days. If there is an inordinate delay, we will be publishing it on our Notice Board. For more information about the challenge, kindly read this post.
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What is the FYERS 30 Day Challenge?
To encourage discipline and among traders, we introduced FYERS 30 Day Challenge. Essentially, if you are in net profits for a period of 30 trading days, the brokerage charges incurred during the period will be refunded upto a limit of ₹5,000 per ...
How do I start a 30 Day Challenge in Fyers?
To encourage discipline and among traders, we introduced FYERS 30 Day Challenge. The procedure to do that is as below: 1. Login to the New Back office (You’ll be automatically logged in if you’ve logged in to Fyers Web) and click on the last option ...
Will the profit or loss of the open positions be considered for the 30-Day Challenge?
No, the F&O position/s taken before the start of the challenge or during the challenge (but not closed during the challenge period) will not be considered for calculating the 30-Day Challenge P&L. For instance, Mr. Chandran had 4 open positions ...
In the FYERS 30 Day challenge, Can I cancel an existing challenge and start all over again?
No, as per the 30 Day Challenge rules you can’t restart or take new challenge until the duration of the earlier availed challenge is completed. This ensures fair play and helps you take the challenge more seriously. In our opinion, the ability to ...
Is there any limit or upper cap on the brokerage refund to 30 Day Challenge winners?
Yes! There is an upper cap of ₹5000 (refer to this notice) on the brokerage refund for the 30 Day Challenge. The entire brokerage that has been levied during the challenge period, will be refunded to the winners up to ₹5000. For more information ...